Listing ID: RRE 05162018

Location: Central, AB

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Design and Distribution of Firewood Processors & Accessories

 

Business Overview

This family-owned, and operated design and distributor carries a full line of ATV/UTV logging and firewood processing equipment for small to medium scale low impact logging operations. The company has built an excellent reputation over the past seven years and now has dealers across Canada and the United States selling their products.

The designs include various types of Firewood Processors, from an 8 ton processor up to a 27 ton capacity that can manage up to one and a half cords of wood per hour. The business has also fabricated a line of log splitters, wood chippers, pressure washers, stump grinders and conveyor systems. There is a line of Firewood Processor attachments that can be purchased with the main machine or can be used and purchased independent of the Firewood Processor all devised to make the job easier and safer. All of these products are manufactured in with an exclusive agreement with a factory located in China.

Why This Business

  • Price does not include inventory
  • Profitable business with plenty of growth potential
  • Website and company name included in sale
  • Established company with an abundance of opportunities to launch new territories
  • Diversified product line up
  • Established manufacturing contract in place with company located China
  • The company is currently developing new lines of equipment for the Forestry sector

Are the current owners the founders? Yes
Is this a Franchise Business? No
Owner Support/Training: The Owners are willing to negotiate a mutually agreed upon training period
Reason for Sale: Owner would like to retire

Business Premises and Location

Does the Vendor own the premises? N/A
Is the premises part of this sale? No
What is the cost of the lease? N/A

Documents Available For Review

Business Sales Memorandum, Financial Statements, Equipment List

Operational Summary

Snapshot

Annual Revenue: $1,858,054 (Annualized)

Discretionary Earnings: $ 353,747

Assets: $ 142,000

Information

  • Year Established – 2011

  • # of Employees – Owners (2)

  • Asking Price – $ 1,500,000.00

  • Seller Financing – Not available

  • Inventory $ 900,000

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